CONSIGNEE NOTICES.
NOTICE TO CONSIGNEES.
ELLERMAN LINE,
Fupu
HONG KONG STOCK MARKET.
› YESTERDAY'S OFFICIAL
QUOTATIONS
The demand for serip appears to
be of a general charneter, and DUNKIRK, ANTWERP, BREMEN,quotations were on the firm side,
HAMBURG, ROTTERDAM A3D
MARSEILLES..
TY OF SHANGHAI"
NEX Atomahiy›
having arrived. Consigness of Cargo by her are informed that all Good" are being landed at their risk into the hazardous and/or extra-kazardona Go- dowan of Holt's Wharf, whence Delivery may be obtained,
Optional Cargo will be carried on, unless notice to the contrary be givon prior to arrival of steadier..
No Claim will be admitted after the Geods have left the Golowns, and sil Goods remaining undelivered after 9th- May, 1933, will be subject to Rent.
All Claims against the Steamer nicat be presented to the Undersigned an or before 16th May, 1933, or they will not be recognised.
All broken, chafed and damaged Goods are to be left in the Godowns, where they will be examined on any Tuesdays or Fridays, between the Bours of 10.45 am. and Noon, within the Free- Storage period of One Week,
No Fire Insurance has been affected. Bill of Lading will be countersigned by
THE BANK LINE, LTD.,
Agents.
Hong Kong, 3rd May, 1933,
[781
HAMBURG AMERIKA LINIE.
NOTICE TO CONSIGNEES
▼ADE Motor Varol
SAUERLAND" baving, arrived, from Hamburg and Porta of callConmguess of Cargo are hereby notified that their Goods are being landed and placed at their risk into the Hong Kong sad Kowloon Wharf and Gotown Company's godowns at Kowloon, where Delivery may be obtained as soon as the Goods are landed, Optional Cargo will not be landed here, unless Notice has been given 48 hours prior to vessel's arrival, but carried on from port to port to the final port of call to which the option extendle.
No Claims will be admitted after the Goods have left the Godowns, and all Goode remaining undelivered after the Saturday, 6th May, will be subject tc Rant,
All broken, chafed, and damaged Goods are to be left in the Godowne, where they will be examined on Friday, 5th May, at 10a.m., by our Surveyors, Messrs. Goddard & Douglas.
To comply with the General Banded Warehouse Regulations, consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined.
All Claims must reach us before the Saturday, 27th May,, 1933, or they will not be recognized.
No Inintance will be affected. Bill of Lading will be countersigned by
JEBSEN & CO.,
Agents.
Hong K16, 29th April, 1933.
[769
CONSIGNEES' NOTICE.
THE BEN LINE STEAMERS, LIMITED.
FROM LEITH, MIDDLESBRO', ANTWERP, LONDON AND STRAITS.
The Steamship "BENREOCH." ONSIGNEES of Cargo are horby informed thatall Goods are being landed at their risk into the hazardous and/or ertra hazardous Godowns of the Hong Kong and Kowloon Wharf and Godown Co., Ltd., whence and/or from the wharves Delivery may be obtained. No Claims will be admitted after the
Goode hare left. the Godowns, and all Goods remaining undelivered after the 9th May will be subjost to Bent.
All Claims against the Steamer must be presented to the Undersigned on or before the 23rd May, or they will not be recognized.
All broken, chafed and damaged Goods are to be left in the Godowas, where they will be examined on the 8th May at 10 am., by Messrs, Goddard
Douglas.
To comply with the General Bonded Warehouse Rogulations, consignees must have a Revenue Ofoor in attendance when damaged dutiable goods ma examined.
by
No Fire Insurance has been offooted.. Bill of Lading will be countersigned "GIEB, LIVINGSTON & Co., LÆÐ.,
Agenta. Hong Kong, 2nd May, 1933.
[777
{
|
Being but half a day, however, the volume of trading was father limited in the course of the mor ing.
Sales.
Hong Kong Banks $1,715. Hong Kong Realties:87.10. - Hong Kong Electrics $72. Cements (Combined) 87.10. Lane, Crawfords $1,60.
Buyers.
Canton Insurances $1,360. Union Insurances 8510. Hong Kong Fir. Insurances 8230. Benguet Chitsolidateds $21). Providbuts (Old) $3.85. Proyidents (New) $1.33. Hotels $650.
Hong Kong Realties $7.10. Chinese Estates $95. Hong Kong Trains $21. China Lights (Old) $12.10. Hong Kong Electries $79. Telephones $27,
Cements (Combined) $7.05. Cements (Old) $5). Dairy Farms $26,00, Watsons $81.
Hong Kong Government Loans 4
per cent. Premium.
Sellers... Union Waterboats $15.
ALFRED DUNHILL
IMPROVEMENT IN PROFITS, BUT NO DIVIDEND
(Special Air-Mail Service)
HONG KONG DAILY PRESS, THURSDAY, MAY 4, 1933
MONEY
INVESTMENT NEWS FROM U.S.
ASIA LANDS, LIMITED.
Tranp Amerien Corpn. 31 cents in 1002; eight cents in 1031 Giannin: Cuts Expenses 80,276,233.
In the first annual report singe the retum of the Giannini man- Agentent to control, the Trans- America Corp. holding coin. panies, and all controlled sub- sidiaries, Ear the year endel December 31, ISSA report COR solidated net profit of $7,067,955, · or 3-4 cents per share on the 23,368,136 shares outstanding on that date. This net profit includes profits on sales of securities and is after adininistrative expenses, taxes, and other charges, includ ing the elimination of minority in- terest. The corresponding net pro-
it for the year 1931 was equal to eight rats per share on the £2,050,309 shares outstanding on Dreember 31, 1931.
The consolidated balance sheet shes total assets of $230,303,850, as agains: 8221,684.282 on December 31, 1931. Marketable securities worth carried at $38,337,575 were approximately $39,786,100. December 31, 1932.
After eliminating all good will and going concern and contral value, as well as the value of in-
London; April 18. The directors of Alfred Dunhill,surance in force with insurance Ltd the pipe manufacturers re- companies controlled by the Trans port a slighe improvement in re. America Corp., the investment in controlled subsidiaries carried on sults:
the consolidated balance sheet at $166,738.173 had n net, asset value December 31, 1932, of
011
$101,083,808.
Accounts over the financial year to December 31 last and show a profit of £12,715. This is after pro- viding for depreciation, income tax, directors' remuneration, and charg- When A. P.. Giannini assumed ing administration and general ex-control of the corporation and its penditure.
with subsidiaries, on February 16, 1032,
It'
10,52 for 1931.
compares
An amount of $63,099
WER
brought in, so that the total avail dividends on the Preference shares, able is £75,814. Deducting the
aid to September last, which amounted to 210,000, there remains £3,814, which the board propose to carry forward.
No Ordinary dividend has been paid since 1938, when 20 per cent was distributed
NOTICE TO, CONSIGNEES
PENINSULAR AND ORIENTA), STEAM NAVIGATION Co.'s STEAMERNALDERA,”
ARRIVED HONG KONG D
3RD MAT, 1033.
FROM ANTWERP,LONDON,GIBRAL TAR, MARSEILLES, MALTA, PORT SAID, ADEN. COLOMBO
AND STRAITS.
CONSIGNEES of Cargo by the above- named Vessel are hereby informed that their Goods are being landed and placed at their aux in the Hong Kong and Kowloon Wharf and Godown Cou pany's Godowns st Kowloon, where each Consignment will be sorted out Mark by Mark and Delivery can be obtained as the Goods are landed.
Optional Goods will be landed hers unless Instructions have been given to the contrary Six Hours before arrival of the Steamer,
le stated that general and adminis trative expenses would be reduced approximately $3,000,000 a year.
Actual reduction for the year of which 89,276,953, Was 1032 amount $4,130,866 represents the decrease in general, and adminis trative expenses of Bank of Amerien N.T. and S.A. and Bank
(California) of America combined earnings showed a ron- sistent increase during the last six months of the year,
whose
AND MARKETS
NEW YORK STOCK EXCHANGE
ASIA LANDS, LTD., QUOTATIONS (INCORPORATED IN HONG KONG) Tel. 28380-Gloucester Building, Room 308.
"{BEUTER'S AMERICAN SERVICE]
New York: May 9. Dow Jones Averages:
30 Industrials 20. Rails
20 Utilities 40 Bonds
High-1032 Low: May,
88.78
41.30
41.22 77.79
13.23 33.48
Change
EUROPE 1 SUEZ
JAMERICA DA SUEZ
STRAITS. INDIA
The President
INTERPORT Liners
13
TO CALIFORNIA TO NEW YORK VYA PINIMA
TO SEATTLE VICTORIA INTERPORT
Weekly Sailings Transpacific
REDUCED
T114 ROUND TRIP FARES
36.11 83.26.
18.53 25.73 65.78. 76.76
77.20 .50 down
2.22 up .30 up .27 up
26.03 77.03.
Asia Lands, Limited, has received the following report from their Now York correspondents, E. A. Pierco & Co. The strength of railroadl issues was featured in late trading and we believe that should this continue tomorrow we will hear of increasing profit-taking. In the markot for industrial issues it is possible that quite a little irregularity is just ahead. Whent: A nervous recovery followed the early weakness, probably in expectation that the House would pass the Inflation Bil There was good demand for cotton throughout the session from com- mission houses. Silver refected partially the decline in London, long profit-taking and some bank selling. Socony omits its usual dividend, Business Done: 3,000,000 sharca.
Hion 64
891
137
1832
Div. 8 Low Pzx. S¤.
On Sale from JUNE 1st
to
JULY 31st
With Return Limit to
September 30th
Apply for further particulars.
DOLLAR STEAMSHIP LINES
AMERICAN MAIL LINE
PEDDER BUILDING HONGKONG.
CANTON BRANCH:~-4, SHAKES ROAD.
LAST SALE
May, 1 May, 2
30%
200 Air Reduction
$607
Hong Kong to
First Class Special Class
421
6.00 Allied Chemical & Dyo
014
DO
Honolulu and Return
G$360
€8196
73
203
4.00 American Can
81
814
Victoria and Return
27
5
American Smelting,
30
20
G$ 432
G$ 240
70
0.00 American Tel. & Tel.
1001
001
Vancouver and Return
G$ 492
G$ 240
44
3.00 American Tobacco "B"
81
Seattle and Return.
G$.492
G$ 240
3
Anaconda Copper Mining
12
San Francisco and Return
08450
2,00.. Auburn
452
45)
G$ 240
188
1.00 Borden Company
31
314
Los Angeles and Return
G$ 450
G$ 246
7:
Canadian Pacific
13
142
161
J. I. Cast
5
1.00 Chrysler Motors ......
17#
314
340 Consolidated Gas of N.Y.
109
.318
23
3.00
Drugs, Inc.
43
42)
22
2.00 Du Pont de Nemours
54
633
35
3.00 Eastman Kodak
613
67
3
6. Electric Bond & Share
192
16
a
0.40 General Electric
101 102
198
2.00 General Foods
321
311
TA
1.00 General Motors
218 214
102
1. Gillette Safety
11Z
112
103 0.60 International Harvester
301
88
7.00
(Preferred) International Tel. & Tel.
gelt
118 114
31
4.00 Liggett & Myers "B"
81
1.00 Loew's Inc.
152
2.80 National Biscuit
492
485
2.00 Pacific Gas & Electric
241 24
0.30 Pennsylvania Railway
214
238
Radio Corpo.
7
Sears Roebuck
1.00 Standard Oil Co. of New
241
24
M.S. "FALSTRIA "
Jersey
39)
.0.40 Sucony-Vacuum Corpu
109
ถ
1.50 Union Carbide & Carbon
331
334
6.00 Union Pacific
rs1
621
United States Steel Westinghouse E. & M.
173
478
35
331
3 8 8 6 6 8 2 5 9 9 8 68-359-2662968266. 4837
Montgomery Ward
SILVER IN THE EAST
(Special Air-Mail Service)
In the better of transmittal, signed by John M. Grant, pre-. sident, it is stated that the policies of the Giannini management are restored and reaffirmed, that the Trans-America Corp. particularly
LONDON, April 18. favours investment in shares of banks authorized. to maintain The following letter appeared in f branches, and that the board is ] to-day's Times:— firmly of the opinion that branch banking in some form, statewide, regional, or nationwide, is in minent.
109
* Xd + Bid.
THE EXCHANGE MARKET
MESSRS. ROZA BROS..
REPORT
Messrs. Roza Bros., have forward-
ed us the following exchango markets report for yesterday:-
Sir, Merchants interested in the East are impressed by the force of the suggestion contained in the last paragraph of the dispatch from American Tobacco Co,
your Correspondent in Shanghai | Silver prices dropped yesterday American Tobacco Earned $3.40 appearing in your issue of the 8th
to the extent of 1/4 for Ready and A Share Compares with 89.07 in instant. The old tael was pure 1931-Assets increased 811,859,507-silver and provided a splendid 5/16 for Forward, the quotations Cash up 820,000,000.
standard; apparently it is to be being 2.1/4 for both deliveries. abolished; the dollar is to take its Advices received reported America place. The silver contents of the
as having sold to a small extent. old dollar were 800 fine, whereas the contents of the new silver dollar The tone was weak at the close with business done at 1/4 under the
The annual report of the Ameri- can Tobacco Co. for 1932 shows net income, after deducting de preciation and taxes, of 843,367,
Goode not cleared within 8 days incinding date of arrival will be subject to compared with 846.189,741 for unit are only 880 fine, so that ap
the previous year. Net earningsparently China is now following the Roat.
No Fire Insurance will be effected by ne in any case whatever.
Damaged Packages must be left in the Godown for examination by the Coo signees, and the Company's Surveyors.` MERRYS, GODDAnd à Douglas, at 10 am,
on Mondays and Thursdays, within the Free Storage period.
Consignees are specially notified that it is necessary for a Revenue Officer to bo present at the examination to damaged dutiable cargo,
All Claims against the Steamer must be presented to the Undersigned on or before 23rd May, 1933, or they will not be recognised,
No Claims will be admitted after the Goods have left the Godown.
MACKINNON, MACKENZIE & Co.,
Agente.. Hong Kong, 3rd May, 1933.
Asia Lands Limited
Gloucester Building
Tel. 28380.
We offer you a complete brokerage service for the purchase or sale of New York Securities
Daily quotations sent-gratis-upon request. See our investment news on the Financial Page of The Hongkong Daily Press
Canton Agents
John H. Ferguson & Co.
32, B. C. Shameen.
Tel. 18624.
on common and common B Stock lead of Western nations in debas-quoted rate. In America the rate
88.40 per share,
weree
80.07 a share in 1931.
against
Dividend payments during the year totalled $25.445,535 on $138, 523,650 of common and common B Stock and 83,101,982 on the $52,- 609,700 0 per cent. preferred stock outstanding.,
Total assets of 8303,021,083 were reported, and liabilities of 8185,- 513,41, leaving a surplus of 8116.- 107,617. an increase, of 811,655,567 over the previous year..
Qurrent assets
was lower at 35 for Spot.
ing its coinage. So long as this policy has been accepted it is not
New York advices reported the very long step to a steady and
rate at 3.891. The opening rais was progressive reduction in the silver contents of its coins ás circum. 1 3.88. The market was erratio, stances may dictate, especially if, as Professor Kacmener advocated, China will go later on a gold standard,
If a further argument was needed for a prompt correction of our own silver coinage policy-in fact, our silver policy generally-this surely is it We cannot complain if China as of December follow the policy alrendy initiated 31, 1932, totalled #178,020,671 and by Great Britain, but the conse current liabilities $3,253,100, in- [779 dicating net working capital of quences of this new China policy $172.737,402, compared with work- may quite likely be serious in the ing capital at the end of 1931, of extreme to Western trade. It looks 8135,709,001. Cash on hand totall-like inflation, and if that is the new ed 8-16,450,029, almost double the policy China's manufacturers may 820,810,061 at the end of the pre- flood foreign markets The Chinese vious year and three times that on may even become sellers of silver December 31, 1830. Inventories of on a big scale, and as a result of leaf tobacco, manufactured stock, this new policy the buying power of operating supplies, etc., at cost the Chinese be still further reduced. amounted to 8114,137,936, compar The first step in the correction.of ed with similar supplies valued at the silver problem is undoubtedly a the end of 1030-at 8108,237,567, purification of the silver coinage and of 1931 nt $09,137,108. This
here. It is long overdue, but it reflected the company's policy of ought to be proceeded with without increasing its purchases last year further delay; otherwise an ad- to aid in creating an extra demand mittedly bad situation will become for the products of farmers.
steadily worse. We seem to have i Aside from the outstanding pre- followed a policy which had for its i ferred and common and common purpose the destruction of silver stocks with n total par value of values, and one wonders why the 3171,223,230, the company's liabili simple correction of many of the ties are comparatively small. The problems in the East is not follow- Company's total funded debt con- ed--namely, the protection of silver sists of an issue of 6 per cent. gold values so that the East again re- bonds, roduced this year to $157,500 and of 4 per cent. gold bonds and covers its purchasing powers, remaining 4 per cent. gold bonds of Yours truly,
Consolidated Tobacco Co. not yet
exchanged of 8801,250.
$2,000,000 Equity jo Sub-1- sidiaries! Earnings.
F. GODBER.
St. Helona Court, Great St.
Helens, E.C.3,
April 10.
PACIFIC ORIENTAL
MONTHLY CARGO AND PASSENGER SERVICE
"
Sailing on 8th MAY
CARGO AND PASSENGERS ACCEPTED FOR SHANGHAI, SAN FRANCISCO, VANCOUVER,
SEATTLE, LOS ANGELES, ETC.
THROUGH BILLS OF LADING ISSUED TO OVERLAND POINTS.
Excellent Passenger Accommodation
Passenger fare Hongkong/ San Francisco
(1st class only)
G8120.
For Freight and Passage, etc. please Apply to: THE EAST ASIATIC CO, LTD. THE CHINESE AMERICAN
Agents:
SHIPPING COMPANY
Agent: HONG SLING
JOHN MANNERS & CO. LTD.
Office: MERCANTILE BANK BULLDING (TOP FLOOR), 7, QUEEN'S RD, UZHTRAL TELEPHONE: 24071.
Market.
Quiet, the tone was steady,
Sterling."
Business was done shortly after the opening at 1/43 for near de- livery followed later by transactions at-1/4.20/32 for June and second half May. The market closed with at 1/4 May, 1/4.29/32 second half May/June and 1/4.15/16 July, buyers probably at 1/4.20/32 May, 1/4.15/16 second half May, 1/4,31/32 June and 1/5 July.
sollers
|
Gold Dollars,
Business was done at 274 for June delivery. The market closed with sellers lut 27.5/10 May, 27) Juno and 27 July, buyers probably nu 1/10 higher.
Yea,
Merchants were quoted at 112 for near delivery.
Shanghai Dollars were quoted as 109 for near delivery, Shanghai, Quiet, sollers were indicated at 1/3), buyers at 1/3.7/10 May.
HAMBURG-AMERIKA LINIE NORDDEUTSCHER LLOYD
(HAMBURG)
FAR EASTERN MAIL PASSENGER AND FREIGHT SERVICE
THROUGH BOOKINGS TO AMERICA viz EUROPE
AND EUROPE via AMERICA. BOOKINGS AROUND THE WORLD.
THROUGH BOOKINGS TO LONDON,
AREIVALS FROM EUROPE BAILINGS TO
NORTH CHINA & JAPAN.
...(HAL) M.S. "DUISBURG " .....(NDL). 8.8, *DESSAU" ...(NDL) M.S. “ FULDA ”
(HAL) M.S. RUHR" .(NDL) M.S. “TRAVE)” .(HAL) M.S. **SAUERLAND
SAILINGS
TO EUROFE
4th May 6th May
8th May
11th May
.19th May
......29th May 4th June
5th May...(NDL) 8.8. "TRIER". 17th May...(HAL) M8. “HAVELLAND"...... 14th June
BREMEN
NORD
DEUTSCHER
LLOYD
BREMEN
DESTINATION
Genoa, Barcelona, F'dam, H'borg. Genea, Marseilles, Oran, Harre, Ďunkirk,
Rotterdam, Hamburg, Bremen, G'on,B'lona. C'blanca, L'bon, R'dam, H'burg. B'men Genoa, Marseilles, Rotterdam, Hamburg Marseilles, Rotterdam, Hamburg, Bremen Genoa, Rotterdam, Hamburg
Geaca, B'lona, R'dam. H'burg, Bremen. Genea, Marseilles, Rotterdam, Hamburg.
NDL. Hongkong/Bouth Sea Islands service: 8.8. "FRIDERUN" 12th May, 1088 to MADANG,
HAMBURG AMERIKA LINIE
JEBSEN & CO., Agents,
BABAUL, and ports NORDEUTSCHER LLOYD MELCHERS & CO., Agents,
Queen's Building, Tel. 26378;
12, Fedder Street, Tel. 28868.
CANTON AGENTS:
CARLOWITZ & CO. Shakes Road,
JEBBEN & CO., Shameen, B,C,
}